In 1982, William A. Porter (born November 10, 1928) and Bernie Newcomb founded the first ever electronic stock brokerage, E*TRADE — heralding both the demise of the ticker tape and the advent of the electronic trading age.
After the success of E*TRADE, Porter also co-founded International Securities Exchange (ISE) with Marty Averbuch and became (the first) chairman of ISE on his 70th birthday in 1998. Porter is former chief executive officer, current board member, and chairman emeritus of E*TRADE.
In 2000, CNN called Porter the "forefather of online trading."
Read more about William A. Porter: Early Life, Creation of E*TRADE, Career Prior To E*TRADE, Personal Life and Philanthropy
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